Memorandum of the Case of the Central Park Children’s Zoo Essay

Founded in 1875 in Buffalo, New York, the Buffalo Zoo quickly became a popular tourist attraction. However, as time went on, the outdated buildings and unenthusiastic employees led to a decline in zoo visitors. The zoo began to face several challenges, and the most significant was the fear of losing its accreditation. The president at the time devised a plan to move the Buffalo Zoo to Delaware Park, but that was quickly blocked by employees of the zoo and members of the community. With no support and no where to turn, the president decided to resign. This left the zoo with no plan, and no one to guide them. After extensive searching, the zoo made the decision to hire 43-year-old Donna Fernandes. Donna had an extensive background in education and experience in management and caring for animals. Although Donna seemed like the perfect candidate for the position, she was warned that the employees and community would be reluctant to accept her due to previous negative experiences with poor management and failed attempts to save the zoo. This did not deter Donna, and she worked hard to change those negative experiences into positive ones.

As a nonprofit organization, the act of suing a donor conflicts with the fundamental principles of charitable acts. Court action would also make the

Our class readings discussed how fluctuations in grants (for any variety of reasons) can have a substantial impact on the ability of nonprofits to fulfill their missions. Steven Rathgeb Smith

Analyzing the fetures of the histogram in Q3 a CFO would clearly be capable of finding that the Kids Zoo, and General Support generate the largest promotions. Like stated above the kids zoo generates the largest promotions because its more likley to generate attention than the bird sanctuary and other exibits. The kids zoo and general support are the broadest funds allowing for larger pledges leaving room for a larger promotion. You can make more progress toward getting a larger promotion in a high-growth industry. This information would be crucial to a CFO when looking at how much income each employee generates in promotions

Next week’s assigned readings look deep into aspects of giving and receiving through nonprofits in the United States. LeRoux’s Nonprofit Organizations and Civil Society in the United States and Lilly School of Philanthropy’s Giving USA Highlights mostly cover what types of donors there are and what their reasoning is behind giving, who benefits from these donors, and how much money is actually contributed to nonprofits. LeRoux shares a lot of interesting facts about the patterns of giving and how most of the aspects of giving are determined based on age, income, religion, and area or region. There is also a lot of information shared in these readings about where money goes to based on what type of donor is giving money. There are 7 main types

Imagine a time where Non-Profits weren’t needed because everything ran perfectly and there were no pain or suffering, a dream world for sure. There seems to always be a need and that need is constantly trying to be filled. One need that is in high demand to be filled is the underfunding of our public education Low in-come neighborhoods are having a hard time funding their schools, which is only making the issue worse of the low-income neighborhood. Teachers of those schools are also feeling the pressure to figure out other ways to obtain donations and funds to be contributed to the schools they work for. Out of this desperation, funds are beings asked of for-profit organizations that they in turn use the schools for free marketing. The using of these businesses for the funds causes issues with the schools and the teachers that feel guilty for becoming a “walking billboard” for these businesses. Corporations stepping into nonprofits may cause mistrust with their patrons, a possible misdirection of the mission, and the possible wrong influence on those they are serving.

The City Zoo is a private non-profitable, volunteer and professional service organization, started in 1905 when “Samantha Fresaer donated a hedgehog to the city park” when it was run by the City itself, until the year 1982 the ownership has been transferred to the Zoological Society. Ever since the City Zoological Society took over the leadership the local economy increased and the zoo made almost 8% in local economy for each tax dollar it

Financially healthy nonprofits use income-based, rather than budget-based spending which allows them to have income projections that are realistic and helps to determine realistic costs (Zietlow, Seidner, 2014). The most successful nonprofit should have an operating reserve to finance shortfalls and hopefully allows them to have a positive cash flow at the end of the year (Zietlow, Seidner, 2014). However, most nonprofit organizations fight to manage cash flow due to how income and the expenses often may occur at different times, so that there may not be enough cash to pay for the expenses as they become due and payable (Zietlow, Seidner, 2014).

Among all nonprofit organizations existing, including Public Charities, Foundations, Professional and Trade Organizations, Social Advocacy Organizations, the Trust as a nonprofit seems to be the most viable. Indeed, charitable trust is the first legal form of nonprofit organization (Hopkins, 2013). Its creation usually involves financial services and investment Management Company that stands as its pillar. In this form of nonprofit, the administrator uses trust to fulfill charity purposes. In this logic, we distinguish three types of charitable trusts, which are the charitable remainder, the pooled charitable trust and the charitable trust (Hopkins, 2013).

If you’re ready to do the groundwork, consider the following five reasons nonprofits start paying stipends (and one reason to not start):

The Bronx Zoo was opened on November 8, 1899, with approximately 6,000 animals and about 100 exhibits and is still adding animals daily. The Bronx Zoo is a great place to visit. Animal lovers and families should visit the Bronx zoo because of the exhibits, the fascinating animals, and the history that makes it great.

A year later I divested myself of my computer business and was eager to put my new skill set to work as an equity analyst for a wall street research firm followed by several years in middle-markets at Merrill Lynch before launching Lasure Capital Management. Throughout the last twenty years LCM has managed international and global equities on several bank platforms, pension and profit sharing plans and various other middle-market clients. I also served on the board of directors and/or trustees of nonprofits as a way to give back to the community. As a board member the quest to raise new money was ever present. The challenge for many nonprofits is that contributions are strongest in years of strong market performance and lack donations in down markets. Not surprising nonprofits seek to reduce cyclicality of donations. Strategic philanthropy empowers clients to take a more proactive and thoughtful approach and leverages their resources creatively to maximize results where they matter most. The benefits of incorporating strategic philanthropy, which seem so evident today, didn’t happen overnight. Philanthropy has steadily increased since 1954, and the single largest contributor to growth in recent years is the individual investor ($282 billion in 2016), not foundations ($59 billion) or corporations ($19 billion).9 (Wealthmanagement.com , “Who’s

The sun was shining, the sky was spotted with clouds, and the wind was whistling as it passed through the trees. Overall, it was the perfect day to visit the zoo. Smiling, happy children bounded beside me as I walked underneath the large, blue and yellow sign announcing “The Colorado Zoo.” As I walked onto the sidewalk, I looked out over the “habitats.” The big, colorful signs advertising the exotic animals “brought from all over the world!” Animals that were taken from their home, taken from their habitats, and taken to a world where they are put on display. Animals who are forced to live out their lives in zoos in unhealthy, degrading, and devastating ways.

In general, the problem with the nonprofit sector is not a questions of what types of nonprofits are being backed, but what size is receiving the most. Suzanne Perry, a Senior Editor at Chronicle of Philanthropy who specializes in nonprofit news cites a study done by the Institute of Jewish and Community “of more than 8000 donations of at least 1-million each made from 2001 to 2003” (Perry). In it, she writes that “44 percent of total dollars went to colleges and universities, followed by health and medical institutes (16 percent) and arts and culture groups (12 percent), while “social services received only 5 percent” (Perry). In other words, those social service organizations that go out of their way to help the desperate essentially get leftovers. More importantly, this goes to show that wealth charitable donors need to have a greater motive –higher tax deductions– for giving to the smaller and lesser known organizations, many of whom urgently need the extra donations to survive and fulfill their

I have always enjoyed the zoo, but in the back of my mind, I have constantly thought to myself that it is wrong and I should not be giving money to the people that lock the animals up for our enjoyment. Seeing their sad faces always got to me, but I continue to go. I think the feeling of going and seeing exotic animals in the middle of the United States has always fascinated me. I have always loved animals and been eager to learn more about them. The only problem is they are being locked up and stared at all day for our enjoyment. In today's world animal captivity is a problem and it should be solved using humane sanctuaries and education to the public and people caring for these animals.